NAMU to Protect and Restore Ukrainian National Artworks with the Help of NFTs
The National Art Museum of Ukraine (NAMU) and Patron-of-Art.com have partnered to launch a charitable collection of Non-Fungible Token (NFT) replicas of more than 20 of the museum’s famous artworks.
NAMU to See its Collection Restored and Protected
The first series of artworks will be available for purchase on Patron-of-Art.com starting December 7th. All proceeds from the sale of this NFT collection will be donated to the Deutsch-Ukrainische Gesellschaft (DUG) / Ukraine Art Aid Center to support NAMU in protecting and restoring its collection, as well as digitization projects at NAMU and other museums across Ukraine.
Dr. Stephan Holzer, former McKinsey & Company’s Blockchain Expert for Europe and CEO of VERITIC, commented on the partnership, saying:
“Patron-of-Art.com is the best platform for museums, other cultural institutions, and artists to reach this growing digital audience and nurture a new generation of art enthusiasts and patrons. We work closely with them to create digital collectibles in the most accessible, secure, and sustainable way.”
The announcement of the charitable venture was made during a plenary presentation at the 26th International Council of Museums (ICOM) General Conference, which attracted 2,400 museum professionals. The conference focused on the challenges and opportunities facing museums in the digital age.
The partnership between NAMU and Patron-of-Art.com aims to support the preservation and promotion of Ukraine’s cultural heritage while also providing a new revenue stream for the museum and other cultural institutions in the country. Patron-of-Art.com has also pledged to partner with one museum from a country in crisis every year for a pro bono collaboration, NAMU being the first.
The National Art Museum of Ukraine (NAMU) is the oldest and largest museum in Kyiv. It has the most representative collection of Ukrainian figurative art, with over 40,000 exhibits, including paintings and sculptures from the Middle Ages to the present day. Some of the country’s best-known masterpieces are housed in the museum, making it one of the most important institutions for national artworks.
Preserving Ukraine’s History through NFTs
NFTs are digital assets that are unique and cannot be replicated, making them ideal for representing one-of-a-kind artworks such as the ones mentioned above. They are often bought and sold on online marketplaces and have become increasingly popular in recent years as a way for artists and institutions to monetize their digital creations. Now, NFTs can help preserve classic art for future generations in times of crisis.
Another initiative leveraging NFT technology to preserve Ukraine’s cultural history was put in motion in last month. Vesa Kivinen provided colorful and hypnotic pieces to be sold in an auction back on November 30th, with all the money raised having been donated to the restoration of the cultural heritage.
The META HISTORY organization, known for its charitable NFT projects in Ukraine, has launched these new art auctions in partnership with the Ministry of Culture. This initiative is part of a wider effort to expand the reach and impact of the museum’s programs.
Other charitable NFTs projects have also sprung up across the world in a bid to help the country in a time of crisis.